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20130129
20130206
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CNBC 7
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Search Results 0 to 6 of about 7
CNBC
Jan 28, 2013 7:00pm EST
to grow the economy, shrink government and create confidence that we are not greece. and, oh, heck, my friend steve kroft lobbed a bunch of softballs at president obama and hillary clinton in his "60 minutes" interview last night. and you know what, folks, we still do not know what happened on that tragic, awful night in benghazi when four people were killed. the administration spun two separate stories, we still don't know the narrative. all that, the "kudlow report" starts right now. >>> first up tonight, it could prove to be the most significant immigration reform in years. bipartisan group of four democratic and four republican senators unveiling their blueprint this afternoon for border security, guest worker cards, more foreign brainiacs and employer verification, maybe even a path to citizenship. cnbc's own eamon javers joins us now with the details. good evening, eamon. >> well, we've almost gotten out of practice at watching bipartisan groups of senators hold press conferences here in washington. that's not something we're used to seeing. in recent months, anyway. but the sena
CNBC
Jan 30, 2013 7:00pm EST
? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why
CNBC
Jan 29, 2013 7:00pm EST
have 11 million people in this country undocumented. that is not good for this country or the economy. that is not going to disappear. we have to face that reyagity. i say, i like senator vitter on many issues. i disagree on this issue. i think we start taxing these people. they are already benefiting from the social serve thes and encase system. so let's tax them. from a security point of view, this is helpful and i think that this is not an amnesty. you are letting people go of a crime. these people are going to have are to pay taxes and crimes. i cthink it is a brilliant program. the only thing stopping it is president obama if he does not agree to it. >> if this does not have border security in it. the republican party, to me, if you give the free flow of immigration for workers, there can still be border security, there could be -- right? anybody who wants to come for legitimate reason ares wants to come. >> right. >> larry, can i ask a question? >> what i want to say, all right i'll direct it tow. the gop should be the party of growth and opportunity and the party of entrepreneu
CNBC
Jan 31, 2013 7:00pm EST
economy really slumping? and how stupid is it for the president to dissolve his jobs council, which by the way was nothing more than business window dressing anyway. at least today congress did pass a debt ceiling extension so we won't go bankrupt immediately. joining me now, cnbc chief international correspondent michelle caruso cabrera and laffer. i want to ask you about this whole business. government spending on defense really collapsed and helped bring down yesterday's gdp. >> yes, it did. >> so all the liberals are saying see, we told you so, if you cut spending, you're going to ruin the economy. do you believe that? >> no, not at all. government spending is taxation. milton always said it. the government redistributes resources. you can see it really clearly. two-person world, farmer a and farmer b, if farmer b gets unemployment benefits, who do you think pays for them, farmer a? you know, government spending is taxation. the reason we have the great recession is because of the government spending, not in spite of it. >> follow-up. it would be bullish for economic growth. >>
CNBC
Feb 5, 2013 7:00pm EST
annual by march 1st, we need to do something smaller in the name of staving off damage to the economy, to consumer, and to federal workers. here's the president. >> if congress can't act immediately on a bigger package, about they can't get a bigger package done by the time the sequester is scheduled fto go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> now, of course the fundamental barriers separating the two sides on either a short term or long term deal is that president says it needs to be balanced as he calls it including both spending cuts and tax increases through closing loopholes. republicans say it has to be only intending cuts. and unlike the fiscal cliff where the president had the advantage, this is one where republicans have that advantage. if nothing happens, all the sequester cuts take effect although it was designed that neither party likes them.
CNBC
Feb 1, 2013 7:00pm EST
that gdp report. the gdp report it looked like who knows? whenever an economy shrinks, usually it's like kosh roaches, not just one, usually you get another negative quarter coming soon. so this kind of reassures us maybe there's going to be upward revision in that fourth quarter gdp report. so things look okay, we're creating jobs, but as you said, job growth is still really, really slow. listen, to get -- remember, we want to get back to like that 5% rate maybe. at this pace it will take 100 months to get back to 5%. so listen, maybe okay, you don't have to worry about a recession, but if you're looking for strong growth we're not seeing it yet. >> this is still -- we're going to bring in somebody from the joint economic committee in a second. this is still the worst modern recovery in gdp and jobs going back to 1947, no matter how you slice it. but i think the upper revisions really helped trigger the market. let's get a second opinion on today's jobs stories and the outlook for the economy. here we have a republican response. south carolina republican congressman nick mulvaney. he's
CNBC
Feb 4, 2013 7:00pm EST
will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the super bowl yesterday which could be the real reason the markets sold off today. another big tax hike on investors. here now is dave goldman from fixed income research at bank of america, president of macro strategy and don luskin chief investment officer at. you get all wound up in the europeans thing, the prime minister may have been on the take for construction money. what do i know? why do i care about that? that doesn't mean anything to me. >> i agree. spain is not a systemic threat. it's too small to bring the rest of europe down. we have asian centered
Search Results 0 to 6 of about 7